This document outlines the 5 key steps in a typical construction project lifecycle: 1) Initiation which includes a feasibility study to determine if the project goals can be met, 2) Planning and Design which establishes the project team and identifies risks, 3) Procurement of materials, 4) Building/Construction which is the physical building process, and 5) Commissioning which checks systems before final handover to clients.

1. STEP 1
Initiation
This stage of the project life cycle includes a
feasibility study/due diligence to determine if the
project is even feasible. Look at the goals, cost
estimates and timeline to see if you have
resources to reach a successful project end within
those constraints.
STEP 2
Planning and Design
The foundation of executing the project
successfully is laid here and the main project team
is assembled. Key project risks are identified. This
also involves detailing the cost, scope, duration,
quality and communications used in the project.
STEP 3
Procurement of
materials
All key material to be used in the
project are procured in this phase.
STEP 4
Building/Construction
This is the culmination of all the hard work done in
the previous phases and the project starts coming
to reality. Physical construction work begins which
requires proper monitoring and control to make
sure that it goes according to plan.
STEP 5
Commissioning
This is the last phase before the project is handed
over to the end users. All the essential systems in
the project are checked for commissioning, final
clearances are obtained and the project is turned
over to the client for use.
CONSTRUCTION
PROJECT LIFECYCLE
https://constructionpm.us/construction-project-management/
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